Renesas Electronics

Renesas, STMicroelectronics and Ac6 join the Zephyr Project as it Launches the 3.6 Release

Retrieved on: 
Monday, February 26, 2024

SAN FRANCISCO, Feb. 26, 2024 /PRNewswire/ -- Today, the Zephyr® Project announced that Renesas Electronics Corporation, STMicroelectronics and Ac6 have joined as Silver members. Zephyr, an open source project at the Linux Foundation that builds a secure, connected and flexible RTOS for future-proof and resource-constrained devices, is easy to deploy and manage. It is a proven RTOS ecosystem created by developers for developers.

Key Points: 
  • SAN FRANCISCO, Feb. 26, 2024 /PRNewswire/ -- Today, the Zephyr® Project announced that Renesas Electronics Corporation , STMicroelectronics and Ac6 have joined as Silver members.
  • The Zephyr 3.6 release is a significant step towards delivering the next Long-Term Support version of the project later this year.
  • "At Ac6, we provide the tools and support necessary for you to expand your knowledge," said Roy Jamil, Project Director at Ac6.
  • Launched in 2021, the annual Zephyr Developer Summit is for developers using or considering Zephyr RTOS in embedded products.

Alphawave Semi Announces Appointment of Charlie Roach as Chief Revenue Officer

Retrieved on: 
Monday, February 12, 2024

Alphawave IP Group plc (LN: AWE, the “Company” or “Alphawave Semi”), a global leader in high-speed connectivity for the world’s technology infrastructure, has appointed Charlie Roach as Chief Revenue Officer (CRO).

Key Points: 
  • Alphawave IP Group plc (LN: AWE, the “Company” or “Alphawave Semi”), a global leader in high-speed connectivity for the world’s technology infrastructure, has appointed Charlie Roach as Chief Revenue Officer (CRO).
  • Charlie is a highly accomplished sales executive with over 20 years of experience at publicly traded companies in the semiconductor and IP communication space.
  • Charlie Roach said: “I am delighted to join the management team at Alphawave Semi.
  • Charlie comes with an impressive track record at Inphi, building strong partnerships and driving strategic wins with more than 10X revenue growth among its hyperscaler customers.

SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates AMAM, HARP, JNPR, TGAN

Retrieved on: 
Saturday, February 10, 2024

If you are an Ambrx shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are an Ambrx shareholder, click here to learn more about your rights and options .
  • If you are a Harpoon shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Notice Regarding Cancellation of Treasury Shares

Retrieved on: 
Thursday, February 8, 2024

Renesas Electronics Corporation (“Renesas”, TSE:6723), a premier supplier of advanced semiconductor solutions, today announced that it has resolved at the Meeting of Board of Directors dated February 8, 2024, to cancel treasury shares pursuant to Article 178 of the Companies Act as follows.

Key Points: 
  • Renesas Electronics Corporation (“Renesas”, TSE:6723), a premier supplier of advanced semiconductor solutions, today announced that it has resolved at the Meeting of Board of Directors dated February 8, 2024, to cancel treasury shares pursuant to Article 178 of the Companies Act as follows.
  • Class of shares to be cancelled: Renesas common shares
    Number of shares to be cancelled: 87,839,138 shares (approximately 4.5% of shares issued and outstanding)
    Renesas will retain a maximum of approximately 5% of the total number of shares issued and outstanding and, in principle, treasury shares exceeding 5% will be subject to cancellation.
  • After cancellation, the total number of shares issued and outstanding is projected to be 1,870,614,885, and the total number of treasury shares is projected to be 93,530,744.
  • (These numbers are projected based on the total numbers of shares issued and outstanding as well as treasury shares as of December 31, 2023.)

Renesas Reports Financial Results for the Year Ended December 31, 2023

Retrieved on: 
Thursday, February 8, 2024

The Group plans to post the materials which are provided at the meeting, on the Group’s website on that day.

Key Points: 
  • The Group plans to post the materials which are provided at the meeting, on the Group’s website on that day.
  • We caution you in advance that actual results may differ materially from such forward-looking statements due to changes in several important factors.
  • The revised allocation of the acquisition costs has been reflected in the consolidated financial results for the year ended December 31, 2022, as well as the consolidated financial results for the three months ended June 30 and September 30, 2023.
  • For details, please refer to Appendix 3.5, “Notes to Consolidated Financial Statements (Business Combinations)” on page 19.

Notice Concerning Dividend of Surplus (Resumption of Dividend)

Retrieved on: 
Thursday, February 8, 2024

For each dividend period, payment determinations are made with consideration of consolidated and non-consolidated retained earnings, consolidated profits, outlook for profits for the next and future periods, and cash flows status.

Key Points: 
  • For each dividend period, payment determinations are made with consideration of consolidated and non-consolidated retained earnings, consolidated profits, outlook for profits for the next and future periods, and cash flows status.
  • However, Renesas Group has established a durable financial structure through measures such as the completion of various structural reforms and growth investments.
  • Furthermore, as an additional measure for further return of profits to shareholders, Renesas has decided to resume dividend payments.
  • For the fiscal year ended December 31, 2023, Renesas plans to distribute a year-end dividend of 28 yen per share.

Renesas Announces Consolidated Forecasts

Retrieved on: 
Thursday, February 8, 2024

The Group believes non-GAAP measures provide useful ​information in understanding and evaluating the Group’s constant business results, and therefore forecasts are provided on a non-GAAP basis.

Key Points: 
  • The Group believes non-GAAP measures provide useful ​information in understanding and evaluating the Group’s constant business results, and therefore forecasts are provided on a non-GAAP basis.
  • The consolidated forecasts for the three months ending March 31, 2024 are calculated at the rate of 142 yen per USD and 155 yen per Euro.
  • Refer to Renesas Electronics' earnings report “Renesas Reports Financial Results for the Year Ended December 31, 2023” issued on February 8, 2024 for more details.
  • The Company cautions you in advance that actual results may vary materially from such forward-looking statements due to several important factors.

Low-Power Wide Area Networks Market Analysis 2024: Integration of LPWAN Standards and Hybrid Terrestrial and Non-terrestrial Networks Boost Future Growth Potential - ResearchAndMarkets.com

Retrieved on: 
Monday, February 5, 2024

The low-power wide area network (LPWAN) market is in a growth stage, with network operators collaborating to establish LPWAN standard convergence.

Key Points: 
  • The low-power wide area network (LPWAN) market is in a growth stage, with network operators collaborating to establish LPWAN standard convergence.
  • While some LPWAN providers are arranging deals to combine LoRaWAN with Sigfox in their connectivity offerings, others are integrating proprietary LPWAN with cellular LPWAN.
  • LPWAN providers are also innovating around satellites, creating solutions that give rise to new growth opportunities.
  • Fast growth in LPWAN product certification conducted by the alliances and the acceleration in LPWAN hardware manufacturing are influencing ecosystem evolution and increasing LPWAN offerings globally.

Renesas Brings Industry-Leading Performance of RA8 Series MCUs to Motor Control Applications

Retrieved on: 
Tuesday, January 30, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240130232378/en/
    The RA8T1 group is the third in Renesas’ RA8 Series, all of which deliver breakthrough performance of 6.39 CoreMark/MHz1.
  • These capabilities combined with the advanced timers and Renesas’ power management expertise, enable customers to build comprehensive, low-power motor control solutions.
  • The new MCUs are supported in Renesas’ Flexible Motor Control development kit that enables easy evaluation of motor control using permanent magnet synchronous motors (brushless DC motors), and the Renesas Motor Workbench development tool.
  • This development kit offers a common design platform with numerous Renesas motor control MCUs from the RA and RX families, enabling migration of IP across numerous devices.

SHAREHOLDER NOTICE: Halper Sadeh LLC Investigates WAVD, CERE, TGAN

Retrieved on: 
Wednesday, January 24, 2024

If you are a WaveDancer shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a WaveDancer shareholder, click here to learn more about your rights and options .
  • If you are a Cerevel shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.